Job work
This query is : Resolved
15 September 2012
one of our client is purchasing material from local vendor, The local vendor from where the goods is purchased is manufacturing goods on the tools supplied by my client. The vendor buys material of his own and manufactures the part and supplies to my client. I would like to know whether these arrangements is to considered as a part of JOBWORK. If yes how to treat the supply of MOULD being sent to VENDOR which is my client's property and is used for manufacture certain tools or part for final product.
16 September 2012
the vendor is charging you only for their goods, not for the moulds and dies,
so the vendor is manufacturer, and to make it customized as per the design of the client he needs dies/ moulds which is made available to vendor during the process time only by the client.
so the vendor is manufacturer, and to make it customized as per the design of the client he needs dies/ moulds which is made available to vendor during the process time only by the client.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
